Significant differences in consumer prices between European countries in 2022

Release related to topics:Prices and consumption
release | International price comparison 2022

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In 2022, the total price level of commodities purchased by households in Finland was seventh highest in Europe, exceeding the EU average by 26 per cent. However, Finland and Sweden were the most inexpensive of the five Nordic countries, while Iceland was the most expensive, exceeding the EU average by 59 per cent. In all, the comparison included 36 countries, the most expensive being Switzerland and Türkiye the most affordable. The data are based on the price comparison programme coordinated by Eurostat, the Statistical Office of the European Union. Statistics Finland compiled the price data concerning Finland.

Key selections

  • The prices of household appliances and entertainment electronics were on level with the European average in Finland in 2022.
  • In 2022, alcohol cost 2.6 times as much in Finland compared to the cheap alcohol in Hungary.
  • In the Baltic countries, the price of food is nowadays just a few percentage points lower than in Finland.

Change

More product group specific content has been added into the database. Table 13a5 will be archived and replaced by table 141u.
Read more about the change

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Referencing instructions

Official Statistics of Finland (OSF): International price comparison [online publication].
Reference period: 2022. Helsinki: Statistics Finland [Referenced: 19.11.2024].
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Harri Kananoja
Senior Statistician
029 551 3567

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Tomi Liimatainen
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Hannele Orjala
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